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Pelangio Exploration Inc. is pleased to announce that all matters proposed by management were approved at Pelangio's annual meeting held Friday, June 28, 2024 . At the Meeting, shareholders of Pelangio re-elected Ingrid Hibbard, JC St. Amour, David Mosher, Kevin Thomson, and Al Gourley to the board of directors. The shareholders also approved the reappointment of its auditor and reapproved the Company's stock option plan. No additional business was brought before the Meeting. About Pelangio Pelangio acquires and explores prospective land packages located in world-class gold belts in Ghana, West Africa, and Canada. In Ghana, the Company is focused on its two 100% owned camp-sized properties: the 100 km2 Manfo property, the site of eight near-surface gold discoveries, and the 2...

Rio Tinto will install carbon free aluminium smelting cells at its Arvida smelter in Québec, Canada, using the first technology licence issued by the ELYSIS joint venture. This investment will support the ongoing development of the breakthrough ELYSISTM technology and allow Rio Tinto to build expertise in its installation and operation. Rio Tinto will design, engineer, and build a demonstration plant equipped with ten pots operating at 100 kiloamperes . The plant will be owned by a new joint venture in which Rio Tinto and the Government of Québec, through Investissement Québec, will invest $179 million and $106 million respectively as equity partners, for a total investment of US$285 million . This facility will use the same technology that has been successfully demonstrated a...

Alcoa Corp. today announced further progress on ELYSIS technology with Rio Tinto's plans to launch the first industrial-scale demonstration of the breakthrough technology, which eliminates all greenhouse gas emissions from the traditional smelting process and produces oxygen as a byproduct. Established in 2018, ELYSIS is a technology partnership between Alcoa and Rio Tinto to advance technology first developed at the Alcoa Technical Center outside of Pittsburgh. Rio Tinto's demonstration project will occur at Arvida in Quebec, Canada, and includes 10 ELYSIS smelting pots operating at 100 kiloamperes , a size similar to those operating at smaller-scale commercial smelters. Alcoa has the right to purchase up to 40 percent of the metal produced from the demonstration at Arvida, a...

Torq Resources Inc. is pleased to announce that it has completed the first tranche of its non-brokered private placement, the terms of which were announced on May 7, 2024 , by issuing 4,645,300 units of the Company at an offering price of $0.10 per Unit for gross proceeds of C$464,530. The Company has received conditional TSX Venture Exchange approval to extend the offering to July 26, 2024 subject to customary conditions including the absence of material changes during the extended offering period. Raising any further funds remains subject to the execution of additional subscription agreements by investors. In connection with the closing of the first tranche of the Offering, the Company paid cash finder's fees of $10,800 and issued 108,000 non-transferable finder's warrants,...

Sierra Metals Inc. is pleased to announce the appointment of Jean Pierre Fort to the position of Chief Financial Officer, effective July 1, 2024. Mr. Fort will succeed Jose Fernandez-Baca who is retiring from the Company effective June 30, 2024. Ernesto Balarezo, CEO of Sierra Metals, commented, "We are delighted to welcome Jean Pierre to the executive management team at Sierra Metals. Jean Pierre brings senior financial and capital markets expertise to the role, complemented by mining industry experience in both base and precious metals. Since joining the Company as head of our business development and corporate finance functions, he has been instrumental in raising our profile with capital markets while being a key member of the Company's turnaround process." "On behalf of ...

New Destiny Mining Corp. , announces it is preparing to start the 2024 exploration program at its Treasure Mountain project, near Hope, BC. Map showing Treasure Mountain property and targets for 2024. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/5001/214775_8aedc5f6349ccbd2_001full.jpg "We are excited to commence our 2024 exploration program at the Treasure Mountain project. With the recent repair of the access road and the promising results from our previous surveys, we are optimistic about uncovering significant mineral deposits. This year's focus on the Railroad, David, and Jim Kelly occurrences, along with our efforts at the Superior, Well, and Rio Grande targets, underscores our commitment to advancing this project and ...

Aris Mining Corp. announces that, further to the Company's news release of May 23, 2024, it has closed the acquisition of an additional 31% interest in the Soto Norte gold-copper project in Colombia , increasing its total ownership in the joint venture to 51%. Soto Norte is one of the largest undeveloped underground gold projects in South America. As consideration for the additional 31% interest of PSN: Aris Mining has issued 15,750,000 shares to a wholly-owned subsidiary of the Abu Dhabi based investment company Mubadala Investment Company PJSC , which shares will be subject to a 12-month hold period. An additional 6,000,000 shares will be issued to Mubadala on receipt of an environmental license for PSN. Mubadala is retaining a 49% interest in PSN. Aris Mining will sole fun...

Falco Resources announced that Mr. Claude Dufresne has resigned as a member of the Board of Directors so that he may focus his efforts on other professional duties. The Board of Directors would like to thank Mr. Dufresne for his contribution over the past few years and wish him well in his future endeavors. About Falco Resources Ltd. Falco Resources Ltd. is one of the largest mineral claim holders in the Province of Québec, with extensive land holdings in the Abitibi Greenstone Belt. Falco owns approximately 67,000 hectares of land in the Noranda Mining Camp, which represents 67% of the entire camp and includes 13 former gold and base metal mine sites. Falco's principal asset is the Horne 5 Project located under the former Horne mine that was operated by Noranda fr...

Lithium Chile Inc. is pleased to announce that the application to extend the expiry date of: an aggregate of 6,922,817 outstanding common share purchase warrants issued by the Company as part of a unit of the Company in connection with a non-brokered private placement announced on October 25, 2021, and further amended on October 26, 2021 and on October 29, 2021 ; and an aggregate of 5,774,279 Warrants issued by the Company as part of a unit of the Company in connection with a non-brokered private placement announced on December 21, 2021, and further amended on January 24, 2022 , was approved by the TSX Venture Exchange . The 2021 Warrants and the 2022 Warrants are now set to expire on September 30, 2024 . The securities being offered have not been, nor will they be, registere...

Talisker Resources Ltd. is pleased to announce the results of its annual general meeting of shareholders held June 27, 2024. A total of 37,213,142 common shares of the Company were represented at the Meeting, representing approximately 42% of the total number of common shares of the Company issued and outstanding. All matters presented for approval at the Meeting were duly authorized and approved including: election of all six management nominees to the board of directors of the Company and the appointment of PricewaterhouseCoopers LLP as auditors of the Company for the ensuing year and authorization of the directors to fix their remuneration. Detailed voting results regarding the election of directors are as follows: Name Voted For # Voted For % Voted Withhold # Voted Withho...

Contango Ore Inc. is pleased to announce that HighGold Mining Inc. shareholders and optionholders of HighGold have overwhelmingly approved the previously announced arrangement involving HighGold and the Company at HighGold's special meeting held on June 27, 2024. At the Meeting, the special resolution approving the Arrangement was approved by 93.7% of the HighGold Shareholders and 94.4% of the HighGold Securityholders voting as a single class, and 93.6% of the HighGold Shareholders, excluding votes required to be excluded pursuant to Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions. Accordingly, the HighGold Securityholder approval required to proceed with the Arrangement has been obtained. HighGold will seek a fin...

Newmont Corp. today announced the appointment of Harry M. Conger to its Board of Directors, who will also serve on the Safety and Sustainability Committee. Red brings over 46 years of extensive mining and leadership experience to Newmont's Board of Directors, having recently retired from Teck Resources, where he served as President and Chief Operating Officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240627078254/en/ Newmont Welcomes Industry Veteran Red Conger to Board of Directors "We are pleased to welcome Red Conger to Newmont's Board of Directors. Throughout his distinguished career, he has gained a wealth of unparalleled experience in the mining sector and strategic insights. Red brings significant operat...

GR Silver Mining Ltd. - is pleased to announce that the Company and a private, arm's-length Canadian company active in Mexico have signed on June 27, 2024, a definitive and binding Share Purchase Agreement pursuant to which PrivateCo will acquire 100% of the issued and outstanding shares of Marlin Gold Mining Ltd. from GR Silver Mining. Marlin is a private British Columbia company, 100% owned by GR Silver Mining. Marlin owns, amongst other assets, Oro Gold de Mexico, S.A. de C.V. , a private Mexican company that owns 100% of nine non-core concessions , including the past producing La Trinidad mine, located adjacent to GR Silver Mining's core Plomosas Project. Pursuant to the Agreement, GR Silver Mining will transfer to PrivateCo all existing assets and rights, a...